Blue Ridge Bankshares, Inc. (BRBS) Income Statement
BRBS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRBS revenue and net income
Where BRBS's revenue goes
2025Each bar shows an amount and its share of revenue. BRBS kept 7.1% of revenue as net income.
BRBS profit margins
BRBS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −13.4% | −3.9% | +6.4% | +31.9% |
| Gross profit | −1.7% | −9.0% | +1.3% | +26.1% |
| Operating income | — | −14.7% | −9.5% | +11.2% |
| Net income | — | −14.8% | −9.6% | +15.9% |
| EPS (diluted) | — | −56.6% | −47.8% | −17.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BRBS quarterly EPS vs estimates
Next report: October 28, 2026.
BRBS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $150.6M | $173.9M | $197.4M | $169.7M | $190.5M | $110.3M | $49.3M | $32.3M | $26.3M | $15.9M |
| Cost of revenue | $54.9M | $76.6M | $98.3M | $42.8M | $11.2M | $20.4M | $11.3M | $6.4M | $0 | $0 |
| Gross profit | $95.7M | $97.3M | $99.1M | $127.0M | $179.4M | $89.9M | $38.1M | $25.9M | $26.3M | $15.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $49.5M | $64.6M | $64.4M | $58.8M | $63.9M | $46.5M | $23.3M | $13.5M | $2.4M | $3.1M |
| Total operating expenses | $81.9M | $113.8M | $157.9M | $104.8M | $111.0M | $67.2M | $32.5M | $20.2M | $12.7M | $4.4M |
| Operating income | $13.8M | −$16.5M | −$58.8M | $22.2M | $68.4M | $22.7M | $5.6M | $5.7M | $5.5M | $1.2M |
| Interest income | $137.8M | $160.3M | $168.1M | $127.5M | $103.5M | $54.5M | $30.9M | $22.4M | $3.9M | — |
| Interest expense | $58.9M | $81.7M | $76.0M | $17.1M | $11.1M | $9.9M | $9.5M | $5.2M | $0 | $0 |
| Income before taxes | $13.8M | −$16.5M | −$58.8M | $22.2M | $68.4M | $22.7M | $5.6M | $5.7M | $5.4M | $1.2M |
| Income taxes | $3.1M | −$1.1M | −$7.1M | $5.2M | $15.7M | $4.8M | $973,000 | $1.1M | $2.1M | $553,451 |
| Net income | $10.7M | −$15.4M | −$51.8M | $17.3M | $52.5M | $17.7M | $4.6M | $4.6M | $3.4M | $688,728 |
| EBITDA | $16.1M | −$13.9M | −$55.9M | $25.7M | $72.2M | $24.2M | $6.6M | $6.6M | $6.3M | $1.6M |
| EPS (diluted) | $0.12 | −$0.63 | −$3.42 | $1.47 | $2.77 | $3.09 | $0.60 | $1.06 | $0.94 | $0.23 |
| Gross margin | 63.5% | 56.0% | 50.2% | 74.8% | 94.1% | 81.5% | 77.2% | 80.2% | 100.0% | 100.0% |
| Operating margin | 9.1% | −9.5% | −29.8% | 13.1% | 35.9% | 20.6% | 11.3% | 17.7% | 20.7% | 7.8% |
| Net margin | 7.1% | −8.8% | −26.2% | 10.2% | 27.5% | 16.0% | 9.3% | 14.1% | 12.7% | 4.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30.6M | $31.7M | $34.2M | $40.0M | $38.0M | $38.4M | $40.6M | $41.9M | $40.9M | $50.3M | $49.7M | $49.9M |
| Cost of revenue | $15.0M | $11.9M | $11.9M | $12.5M | $14.2M | $16.4M | $17.8M | $13.9M | $23.6M | $21.2M | $0 | $31.3M |
| Gross profit | $15.7M | $19.9M | $22.3M | $27.5M | $23.8M | $22.1M | $22.8M | $28.0M | $17.3M | $29.1M | $49.7M | $18.6M |
| Sales, general & admin | $10.5M | $12.2M | $9.8M | $11.7M | $14.2M | $13.9M | $14.6M | $15.3M | $16.9M | $17.7M | $15.5M | $16.3M |
| Total operating expenses | $15.9M | $18.7M | $16.9M | $20.0M | $22.0M | $23.0M | $25.5M | $26.5M | $29.3M | $32.4M | $14.5M | $64.6M |
| Operating income | −$229,000 | $1.1M | $5.4M | $7.5M | $1.8M | −$889,000 | −$2.7M | $1.5M | −$12.1M | −$3.3M | −$5.4M | −$46.1M |
| Interest income | $28.8M | $29.4M | $31.5M | — | $34.7M | $35.4M | $37.9M | $39.2M | $40.6M | $42.5M | $43.2M | $42.5M |
| Interest expense | $12.3M | $12.5M | $13.4M | $14.3M | $14.9M | $16.4M | $18.8M | $20.1M | $20.5M | $22.2M | $3.5M | $20.3M |
| Income before taxes | −$229,000 | $1.1M | $5.4M | $7.5M | $1.8M | −$889,000 | −$2.7M | $1.5M | −$12.1M | −$3.3M | −$7.5M | −$46.1M |
| Income taxes | −$26,000 | $277,000 | $1.1M | $1.9M | $480,000 | −$455,000 | −$698,000 | $599,000 | −$616,000 | −$407,000 | −$1.7M | −$4.7M |
| Net income | −$203,000 | $836,000 | $4.2M | $5.6M | $1.3M | −$434,000 | −$2.0M | $946,000 | −$11.4M | −$2.9M | −$5.8M | −$41.4M |
| EBITDA | −$229,000 | $1.7M | $5.9M | $8.1M | $2.3M | −$267,000 | −$2.1M | $2.2M | −$11.4M | −$2.6M | $297,000 | −$45.3M |
| EPS (diluted) | $0.01 | $0.01 | $0.05 | $0.06 | $0.01 | −$0.01 | −$0.03 | $0.01 | −$0.47 | −$0.15 | −$0.30 | −$2.18 |
| Gross margin | 51.2% | 62.6% | 65.3% | 68.8% | 62.6% | 57.4% | 56.2% | 66.8% | 42.2% | 57.9% | 100.0% | 37.2% |
| Operating margin | −0.7% | 3.5% | 15.8% | 18.7% | 4.7% | −2.3% | −6.6% | 3.7% | −29.5% | −6.6% | −10.9% | −92.3% |
| Net margin | −0.7% | 2.6% | 12.4% | 14.0% | 3.4% | −1.1% | −4.9% | 2.3% | −28.0% | −5.7% | −11.6% | −82.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRBS's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRBS financial results
In fiscal year 2025 (ended December 31, 2025), Blue Ridge Bankshares reported revenue of $150.6 million, down 13.4% from the year before. It had net income of $10.7 million, a net profit margin of 7.1%. Diluted earnings per share came to $0.12. Over five years revenue grew at an average rate of 6.4% a year.
See the BRBS stock overview for the latest quote and news, or the BRBS chart for price history and technical indicators.
BRBS income statement FAQ
What is Blue Ridge Bankshares's annual revenue?
Blue Ridge Bankshares reported total revenue of $150.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 13.4% from $173.9 million the previous year.
Is Blue Ridge Bankshares profitable?
Yes. Blue Ridge Bankshares reported net income of $10.7 million in fiscal 2025, a net profit margin of 7.1%; its operating margin was 9.1%.
What is Blue Ridge Bankshares's gross margin?
Blue Ridge Bankshares's gross margin was 63.5% in fiscal 2025: for every $100 of revenue, Blue Ridge Bankshares kept $64 after the direct cost of its products and services.
How fast is Blue Ridge Bankshares growing?
Revenue grew 6.4% a year on average over the last five fiscal years, from $110.3 million to $150.6 million.
What are Blue Ridge Bankshares's earnings per share?
Blue Ridge Bankshares earned $0.12 per diluted share in fiscal 2025, compared with $-0.63 a year earlier.
When will Blue Ridge Bankshares report its next earnings?
Blue Ridge Bankshares is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Blue Ridge Bankshares's fiscal year end?
Blue Ridge Bankshares's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.